Jumat, 01 Oktober 2021

7 stocks that are ready for a strong comeback

The Early Bird - The Morning Financial Newsletter

Good evening -

Last year was hard on all of us. Everyone had to adjust, and readjust, to what became known as the "new normal."

And I’m here to tell you that the new normal is here to stay. But not in the way you think, I mean.

In the past, economic recoveries have been predictable. There were certain sectors that you could count on to lead the way. When those stocks went up, it was a reliable indicator that the economy was recovering.

And the stocks that were in these sectors were known as bellwether stocks. They were established, blue-chip companies with mature brands and tons of consumer loyalty. They could be summarized in the old adage, “As GM goes, so goes the nation.”

In some cases, these stocks will still lead the way.

But there’s something different about normal this time around. More and more, we’re driving Teslas (or wishing we were). We’re shopping, ordering takeout, and even gambling online. And we’re not going back.

If it’s true that the old rules no longer apply, then investors need to change the way they think about bellwether stocks.

Plus, many stocks that we might consider to be bellwether stocks have already had a bit of a vaccine rally. That means that the easy gains are gone.

This time really is different. A new group of stocks will point the way to economic recovery. And that’s why we’ve put together this special presentation with seven stocks that we are looking at as the bellwether stocks of 2021.

One quality of many of these stocks is that they are either negative for 2021 or underperforming the broader market. This means that they are likely to have a strong upside as the economy grows.

Click on “Continue” to view the “7 Bellwether Stocks Signaling a Return to Normal.”

Matthew Paulson
MarketBeat.com

 
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